A bill to amend title V of the Housing Act of 1949 to require the Secretary of Agriculture to provide for the establishment of escrow accounts for taxes and insurance by borrowers under that title.

Summary

Amends the Housing Act of 1949 to make family corporations eligible for farm ownership loans under the Farmers Home Program. Requires the Secretary of Agriculture to set up escrow accounts in connection with rural housing loans for the purpose of prepaying taxes and insurance.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 July 1976

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 20 July 1976

   Introduced

   Referred to Senate Committee on Banking, Housing and Urban Affairs.

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 20 July 1976

  Open at official source

Sponsors

• Sen. Hathaway, William D. [D-ME] · D · Sponsor
• Sen. Muskie, Edmund S. [D-ME] · D · Cosponsor
• · ssbk00 · Standing

Related records

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